The Princeton Festival a NJ Non-Profit Corporation

Address
PO Box 2063
Princeton, NJ 08543
Contact
Website: http://www.princetonfestival.org
Phone: +1 (609) 759-0379
Nonprofit
NTEE: N52 - Fairs, County and Other
EIN: 20-1346989

Mission

To enrich the communities we serve through a multi-dimensional, world-class performing arts summer festival. We create programs that excite, inform, inspire, and invite discovery and engagement as we aspire to become a nationally recognized arts destination.
 20172016201520142013
Basic features of the organization
Year of formation2004
Subsection code03
PF filing required0    
Metropolitan statistical area5602
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$61,667.00$56,667.00$51,667.00$60,848.00$45,000.00
Sum of reportable (W2/1099) compensation$61,667.00$56,667.00$57,000.00$60,848.00$45,000.00
Number of employees73222
Number of people compensated >$100k00000
Number of volunteers100100100100100
Number of highly compensated contractors00000
Personnel
Atcheson, Marcia
TitleSecretaryVice ChairmanVice ChairmanVice ChairmanVice Chairman
Name of key/compensated personMarcia AtchesonMarcia AtchesonMarcia AtchesonMarcia AtchesonMarcia Atcheson
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org4.004.004.004.004.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Bossart, Marcia
TitleBoard TrusteeBoard TrusteeBoard TrusteeBoard TrusteeBoard Trustee
Name of key/compensated personMarcia BossartMarcia BossartMarcia BossartMarcia BossartMarcia Bossart
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Bristol, Pamela
TitleBoard TrusteeBoard TrusteeBoard TrusteeBoard TrusteeBoard Trustee
Name of key/compensated personPamela BristolPamela BristolPamela BristolPamela BristolPamela Bristol
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Brown, David
TitleBoard TrusteeBoard TrusteeBoard TrusteeBoard TrusteeBoard Trustee
Name of key/compensated personDavid BrownDavid BrownDavid BrownDavid BrownDavid Brown
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Delignerolles, Micaela
Title   Board TrusteeBoard Trustee
Name of key/compensated person   Micaela DeLignerollesMicaela DeLignerolles
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.000.00
Delung, Jane
TitleTreasurerBoard Trustee   
Name of key/compensated personJane DeLungJane DeLung   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrue    
Average hours per week working for org10.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
Herman, Debbie
TitleVice ChairmanBoard Trustee   
Name of key/compensated personDebbie HermanDebbie Herman   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
Kessler, Irving
Title   Board TrusteeBoard Trustee
Name of key/compensated person   Irving KesslerIrving Kessler
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.000.00
Kulsrud, Helene
TitleBoard TrusteeTreasurerTreasurerTreasurerTreasurer
Name of key/compensated personHelene KulsrudHelene KulsrudHelene KulsrudHelene KulsrudHelene Kulsrud
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officer TrueTrueTrueTrue
Average hours per week working for org2.0010.0010.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Lento, Thomas
TitleBoard TrusteeSecretarySecretarySecretary 
Name of key/compensated personThomas LentoThomas LentoThomas LentoThomas Lento 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Current officerTrueTrueTrueTrue 
Average hours per week working for org2.002.002.004.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs0.000.000.000.00 
Marty, Anastasia
TitleBoard TrusteeBoard TrusteeBoard TrusteeBoard TrusteeBoard Trustee
Name of key/compensated personAnastasia MartyAnastasia MartyAnastasia MartyAnastasia MartyAnastasia Marty
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Modzelewski, Debbie
TitleBoard TrusteeSecretarySecretarySecretarySecretary
Name of key/compensated personDebbie ModzelewskiDebbie ModzelewskiDebbie ModzelewskiDebbie ModzelewskiDebbie Modzelewski
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officer    True
Average hours per week working for org2.002.002.002.004.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Papastephanou, Costa
TitleChairmanChairmanChairmanChairmanChairman
Name of key/compensated personCosta PapastephanouCosta PapastephanouCosta PapastephanouCosta PapastephanouCosta Papastephanou
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Rhoda-Hansen, Susan
TitleBoard TrusteeBoard TrusteeBoard Trustee  
Name of key/compensated personSusan Rhoda-HansenSusan Rhoda-HansenSusan Rhoda-Hansen  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org2.002.002.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Average hours per week working for related orgs0.000.000.00  
Ringer, Sarah
Title Board Trustee   
Name of key/compensated person Sarah Ringer   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 2.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Average hours per week working for related orgs 0.00   
Shriver, Markell
TitleBoard TrusteeBoard TrusteeBoard TrusteeBoard TrusteeBoard Trustee
Name of key/compensated personMarkell ShriverMarkell ShriverMarkell ShriverMarkell ShriverMarkell Shriver
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Stelian, Gabriel
TitleBoard TrusteeBoard TrusteeBoard TrusteeBoard TrusteeBoard Trustee
Name of key/compensated personGabriel StelianGabriel StelianGabriel StelianGabriel StelianGabriel Stelian
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
Sweetser, E
Title  Board TrusteeBoard TrusteeBoard Trustee
Name of key/compensated person  E Elizabeth SweetserE Elizabeth SweetserE Elizabeth Sweetser
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  2.002.002.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  0.000.000.00
Sweetser, Elizabeth
TitleBoard Trustee    
Name of key/compensated personElizabeth Sweetser    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.00    
Yuk, Richard
TitleGen/Art DirGen/Art DirGen/Art DirGen/Art DirGen/Art Dir
Name of key/compensated personRichard Tang YukRichard Tang YukRichard Tang YukRichard Tang YukRichard Tang Yuk
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org20.0020.0020.0020.0020.00
Reportable compensation from org$61,667.00$56,667.00$57,000.00$60,848.00$45,000.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.000.00
von Schroder, Benedikt
TitleBoard TrusteeBoard Trustee   
Name of key/compensated personBenedikt Von SchroderBenedikt Von Schroder   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTo enrich the communities we serve through a multi-dimensional, world-class performing arts summer festival. We create programs that excite, inform, inspire, and invite discovery and engagement as we aspire to become a nationally recognized arts destination.To enrich the communities we serve through a multi-dimensional, world-class performing arts summer festival. We create programs that excite, inform, inspire, and invite discovery and engagement as we aspire to become a nationally recognized arts destination.To enrich the cultural life of central New Jersey and the surrounding region during the summer by offering a variety of performing arts productions of the highest professional quality. Princeton Festival hosts a three-week arts and performance festival each June.To enrich the cultural life of central New Jersey and the surrounding region during the summer by offering a variety of performing arts productions of the highest professional quality.To enrich the cultural life of central New Jersey and the surrounding region during the summer by offering a variety of performing arts productions of the highest professional quality.
Program service expenses, total$673,285.00$680,007.00$528,725.00$541,559.00$402,680.00
Programs, including revenue & expenses
Providing a variety of performing arts productions of the highest professional quality through a multi-dimensional, world-class performing arts summer festival.
Program expenses$673,285.00$680,007.00   
Program revenue$218,434.00$215,398.00   
Program descriptionProviding a variety of performing arts productions of the highest professional quality through a multi-dimensional, world-class performing arts summer festival.Providing a variety of performing arts productions of the highest professional quality through a multi-dimensional, world-class performing arts summer festival.   
Providing the community with entertainment by offering a variety of performing arts productions of the highest professional quality.
Program expenses  $528,725.00$541,559.00$402,680.00
Program revenue  $207,480.00$178,430.00$152,716.00
Program description  Providing the community with entertainment by offering a variety of performing arts productions of the highest professional quality.Providing the community with entertainment by offering a variety of performing arts productions of the highest professional quality.Providing the community with entertainment by offering a variety of performing arts productions of the highest professional quality.
Financial data
Revenue
Total revenue$827,584.00$765,637.00$671,981.00$728,974.00$596,159.00
Revenue from contributions (total)$586,093.00$528,807.00$440,053.00$528,564.00$397,602.00
Revenue from noncash contributions$28,183.00 $50,626.00$69,731.00$35,700.00
Investment income, current yr$2,071.00-$2,122.00$5,595.00$378.00$1,271.00
Total revenue from grants, etc., current yr$586,093.00$528,807.00$440,053.00$528,564.00$397,602.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$20,986.00$23,554.00$18,853.00$21,602.00$44,570.00
Program service revenue (total)$218,434.00$215,398.00$207,480.00$178,430.00$152,716.00
Gross receipts$902,137.00$820,222.00$752,543.00$838,895.00$647,349.00
Sources of contributions
Revenue from fundraising events$46,005.00$37,690.00$47,533.00$43,290.00 
Revenue from gov't grants$20,900.00$20,900.00$20,900.00$35,900.00$38,400.00
Revenue from all other contributions$519,188.00$470,217.00$371,620.00$449,374.00$359,202.00
Other types of revenue
Royalties (total)$0.00$0.00$0.00$0.00$0.00
Miscellaneous revenue (total)$6,445.00-$8.00$5,864.00$4,036.00$1,370.00
Net revenue from gaming (total)$0.00$0.00$0.00$0.00$0.00
Income from dividends, interest, and similar investments$1,071.00$1,447.00$3,107.00$19.00$36.00
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$14,541.00$23,562.00$12,989.00$17,566.00$43,200.00
Net inventory sales (total)$0.00$0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$804,042.00$789,911.00$626,340.00$652,989.00$487,655.00
Total functional expenses: program service $673,285.00$680,007.00$528,725.00$541,559.00$402,680.00
Total functional expenses: management and general$124,036.00$91,202.00$86,611.00$89,754.00$70,067.00
Total functional expenses: fundraising$6,721.00$18,702.00$11,004.00$21,676.00$14,908.00
Fees for services
Lobbying fees (total)$0.00$0.00$0.00$0.00$0.00
Legal fees (total)$0.00$0.00$0.00$0.00$0.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$1,342.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$306,152.00$269,440.00$275,563.00$253,881.00$163,424.00
Total assets, beginning of year$269,440.00$275,563.00$253,881.00$163,424.00$57,376.00
Total liabilities$10,662.00$12,770.00$10,877.00$25,625.00$10,990.00
Total liabilities, beginning of year$12,770.00$10,877.00$25,625.00$10,990.00$13,609.00
Pledges & accounts receivable, net$20,900.00$10,450.00$10,450.00$20,900.00$12,450.00
Loans & receivables from key persons$0.00$0.00$0.00$0.00$0.00
Unrestricted net assets, end of yr$148,040.00$209,220.00$202,685.00$215,070.00$107,581.00
Temporarily restricted net assets$120,450.00$20,450.00$37,001.00$13,186.00$44,853.00
Permanently restricted net assets, end of yr$27,000.00$27,000.00$25,000.00  
Net assets$295,490.00$256,670.00$264,686.00$228,256.00$152,434.00
Net assets, beginning of year$256,670.00$264,686.00$228,256.00$152,434.00$43,767.00
Other liabilities   $5,901.00 
Intangible assets$0.00$0.00$0.00$0.00$0.00
Other assets$101,414.00$165,011.00$146,586.00$0.00$0.00
Investments: other securities$0.00$0.00$0.00$0.00$0.00
Investments: publicly traded securities$0.00$0.00$0.00$0.00$10,473.00
Cash: non-interest bearing$179,147.00$89,041.00$117,598.00$227,181.00$138,751.00
Cash: non-interest bearing, beginning of year$89,041.00$117,598.00$227,181.00$138,751.00$53,026.00
Investments -- program-related$0.00$0.00$0.00$0.00$0.00
Inventories for sale or use$0.00$0.00$0.00$0.00$0.00
Other financial variables
Revenue less expenses$23,542.00-$24,274.00$45,641.00$75,985.00$108,504.00
Advertising (total)$50,890.00$60,844.00$45,110.00$31,647.00$38,606.00
Savings & temp cash investment$0.00$0.00$0.00$0.00$0.00
Accounts receivable, net$0.00$0.00$300.00$300.00$0.00
Prepaid expenses & deferred charges$4,691.00$4,938.00$629.00$5,500.00$1,750.00
Accounts payable & accrued expenses$10,662.00$12,770.00$10,877.00$19,724.00$10,990.00
Total net assets or fund balances$295,490.00$256,670.00$264,686.00$228,256.00$152,434.00
Depreciation, depletion, amortization$0.00$0.00$0.00$0.00$0.00
Payment to affiliates$0.00$0.00$0.00$0.00$0.00
Governance and accountability
Number of voting members1717141514
Number of independent voting members1616131413
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-10-022017-10-182016-11-012015-08-042014-10-15
IRS schema version2017v2.22016v3.02015v2.02014v5.02013v3.1
Filing identifier201832009349300538201701789349300700201621939349300797201541339349301379201441349349303599
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